USDZAR buy setup
USDZAR has come back and broken above a support zone and had failed to maintain that zone as resistance(16.38749), is currently testing that zone as support and we are seeing that price has bounced of that zone on the 1hr leaving a bullish engulfing candle and on the 2hr it has left a long wick to the downside hinting that we could expect more upside on USDZAR 1 target is 16.62137 and final targets are at 16.76149
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.